IPTV vendor Entone said today that it raised $14.5 million in the company’s latest round of venture funding.
The series B round was led by Coral Capital Management and included existing investors Menlo Ventures and Scale Venture Partners.
Entone said the additional funds will be used to support the company’s growing business and expanding product portfolio.
Entone’s flagship product is its Hydra IP Video Gateway, which eliminates the need for set-top boxes and new home wiring to deliver IPTV services.
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